United States Card Printers market is expected to reach about 205 million USD by 2022

Author: QYResearch |
Publish date: 2018-03-06 |
Views: 93

QYR Predicts :The American printer market will reach about 205 million USD in 2022 from 187 million USD in 2017, with a composite annual growth rate of 1.50%

For industry structure analysis, the Card Printers industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 60 % of the revenue market.

The United States market for Card Printers is expected to reach about 205.1 million USD by 2022 from 187.6 million USD in 2017, registering a Compounded Annual Growth Rate (CAGR) of 1.50% during the analysis period, 2017-2022.

The United States Card Printers consumption volume was 110,914 Units in 2012 and came to reach 127334 Units in 2017. The market of Card Printers is expected to reach 152,390 Units in 2022 with CAGR at 3.04%.

In United States, the leading Card Printers consumption regions are West, Midland, East, South and North USA. East USA was the largest consumption region and occupied 25.01% consumption value market share in 2017, followed by West USA. The market is supplied by a combination of large multinational firms and smaller local manufacturers. The leading United States firms include HID Global and Zebra.

Despite the presence of competition and brand effect problems, due to the demand for water efficiency products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.